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we are not elected to fix all the problems in washington. the president and the members of congress are here to do that. we are here to offer resources. [inaudible question] >> in our case, we talked about this just the other day. we felt it was imperative for us to focus on things republican and democratic alike. [inaudible question] connell: live coverage from the white house. the last speaker was scott walker. talking about the relationship between the local governments and the federal government over this fiscal cliff situation. our next guest is here to say, our point is, we need the government out of the markets and we need to get them out now. he is in d.c. today. what does that mean, you need to get the government out of the markets? >> you know the solution. they have to compromise. cut spending, cut entitlements and increase tax. that is the bottom line. there is just too much affecting this market. the word on the street is, by boehner, so read. we have to get the government out of the market. connell: you can see where the compro
we are not elected to fix all the problems in washington. the president and the members of congress are here to do that. we are here to offer resources. [inaudible question] >> in our case, we talked about this just the other day. we felt it was imperative for us to focus on things republican and democratic alike. [inaudible question] connell: live coverage from the white house. the last speaker was scott walker. talking about the relationship between the local governments and the federal...
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back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share? >> the muslim brotherhood and islamist mass movement it represents art you revocable he opposed to the west and the united states. the justice department prove in court a couple of years back the brotherhood says its missio misn the united states is to eliminate and destroy western civilization. it makes the world much more dangerous for the united states. cheryl: why doesn't the united states cut off the funding? that is the simplest thing. speak to my sense is the reason i don't if they will have no leverage in the equation if they cut the funding off, that is because we're dealing with people in the uni
back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share?...
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that would coincide with south korea's presidential elections. the u.k., israeli envoys to the country in protest of the israeli prime minister's plan to build 3,000 settlement homes in the west bank. israel authorized the housing units after the united nations voted to upgrade palestinian status. palestine opposed the move. george hw bush in stable condition after receiving treatment for a bronchitissrelated cost. the 88-year-old has been in the hospital for a week receiving treatment visited by the children, including former president george w. bush. those are your headlines. back to lori and connell. >> thank you. >> sales numbers, general motors up 3% from last year, and others in the green as well thanks to, believe it or not, hurricane sandy. >> jeff flock has the story at the bureau in chicago. hi, jeff. >> indeed. two headlines. sandy one, and the other is fiscal cliff. starting to see the first impacts now in terms of considerations about fiscal cliff on the sales call today with ford keeping production up in the first quarter. they are
that would coincide with south korea's presidential elections. the u.k., israeli envoys to the country in protest of the israeli prime minister's plan to build 3,000 settlement homes in the west bank. israel authorized the housing units after the united nations voted to upgrade palestinian status. palestine opposed the move. george hw bush in stable condition after receiving treatment for a bronchitissrelated cost. the 88-year-old has been in the hospital for a week receiving treatment visited...
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>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is to use the debt card, and i heard the little clip you played, but i don't believe the republican would do this. melissa: john boehner and the president has accomplished more than what they're letting on. >> i don't think they're publishing a whole heckuva lot. republicans may very well go along with that deal. they may just throw their hands up and say we can't negotiate anything. it will give the president what he wants o on the taxes and goig to 2013 was perhaps saying we gave your texas and now what do we do? that is becoming a bit of a consensus. melissa: what is the president doing in detroit? in a
>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is...
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his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming. the housing secretary cannot rule it out. he is highly concerned that there may be one. they found it has a 13.6, pardon me, $16.3 billion capital reserve shortfall. they say it is too soon to say whether the fha will need any money from the treasury. they are increasing fees and making other changes to avoid a bailout. >> it is time to get serious reform for fha. if it is not too late already. right now, the question is quickly becoming not if, but when. peter: the final accounting would be done at the end of fiscal year 2013. the administration says it will not signal his in
his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming....
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connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave to the polish and eastern europeans back when it was not a popular thing to do. dagen: do you believe that the current obama administration is willing to provide that kind of support? >> no. that is why i wrote this book. it is about what happens if you do not do the right kind of things to support democracy. quite frankly, we are not doing enough with the right kind of things. dagen: it is a novel? >> it is a novel. this is about and administration that does not do the right things just as we are not doing the right things now. oliver nor
connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave...
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the election is done, what will we hear tomorrow? >> i think we are going to hear very tepid job growth, they will likely blame it on sandwich give them a good excuse right now. i think the market will react like it is today. everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done because everyone concerned about getting jobs. it nicole: everyone is concerned about jobs. back to you. ashley: thank you so much. back in 15 minutes. like a rudderless ship floating in the ocean, the markets description of the day. tracy: poetic. this is not. housing and urban development secretary shaun donovan on hot seat on capitol hill is grilled on the f h a and whether taxpayers foot the bill for multibillion-dollar bailout. gerri willis has this story. we have been waiting for this. gerri: that is will be looking at. off the top of my head. sha
the election is done, what will we hear tomorrow? >> i think we are going to hear very tepid job growth, they will likely blame it on sandwich give them a good excuse right now. i think the market will react like it is today. everyone is this availing the economic data and the fiscal cliff. what is more important is how the jobs data affect negotiations on the fiscal left. it is up for jobs report tomorrow it will affect the negotiations and there will be urgency to get something done...